Stronger FY20 earnings seen for Eco World International
Eco World International Bhd (Dec 13, RM1) Downgrade to hold with a higher target price (TP) of RM1.
Selangor International Furniture City ready by 2022
KUALA LUMPUR (Dec 16): The Selangor International Furniture City (SIFC), which is in the midst of getting a development order from the government, is seen as a major catalyst to level up the industry in 2022 when the furniture hub is expected to be completed.
Najib allowed access to 17,000 'Justo documents' by High Court
KUALA LUMPUR (Dec 13): Former Prime Minister Datuk Seri Najib Abdul Razak got the nod from the High Court today to inspect 17,000 documents given by whistleblower and former PetroSaudi International Ltd (PSI) executive Xavier Justo to the authorities in the 1Malaysia Development Bhd (1MDB)-Tanore case.
'The best is yet to come,' says EcoWorld
KUALA LUMPUR (Dec 12): After achieving its strongest financial showing in its financial year ended Oct 31, 2019 (FY2019), Eco World Development Group Bhd (EcoWorld Malaysia) believes the best is yet to come for the company.
EcoWorld and EWI deliver best financial results ever
KUALA LUMPUR (Dec 12): Eco World Development Group Bhd (EcoWorld Malaysia) and EcoWorld International Bhd (EWI) have delivered their "best annual financial results" by far in their financial year ended Oct 31, 2019 (FY2019).
Najib: SRC should have brought money back to Malaysia, not me
KUALA LUMPUR (Dec 11): Former prime minister Datuk Seri Najib Razak contended that it was the responsibility of the management in SRC International Sdn Bhd to retrieve the funds back from the company's frozen bank account in Switzerland, not him.
EcoWorld, EWI shares leap after chairman's comment on likelihood of record earnings in FY19
KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.
Najib 'didn't know' where SRC funds went
KUALA LUMPUR (Dec 11): Former prime minister Datuk Seri Najib Razak today claimed he did not know how funds in SRC International Sdn Bhd were spent after the RM2 billion loan was disbursed by the Retirement Fund Inc (KWAP).
Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
KUALA LUMPUR (Dec 11): The decisions regarding the initial loan application to Retirement Fund Incorporated (KWAP) amounting to RM3.
Najib insists its up to KWAP to give RM2b loan to SRC
KUALA LUMPUR (Dec 10): Datuk Seri Najib Abdul Razak maintained his position that despite his agreement to a suggestion that the Retirement Fund Incorporated (KWAP) extends a RM2 billion loan to SRC International Sdn Bhd, the decision still lies with KWAP's investment board on whether to approve or reject the loan.
